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SLMCX Columbia Seligman Comms & Info A

  • Fund
  • SLMCX
  • Price as of: Dec 08, 2016
  • $64.33
  • + $0.62
  • + 0.97%
  • Category
  • Technology Equities

SLMCX - Profile

Vitals

  • YTD Return 17.1%
  • 3 Yr Annualized Return 18.4%
  • 5 Yr Annualized Return 15.4%
  • Net Assets $4.33 B
  • Holdings in Top 10 46.7%

52 WEEK LOW AND HIGH

$64.33
$46.60
$64.33

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.35%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 48.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$2,000

IRA

$1,000

Investment Themes

CATEGORY

Technology Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Technology

Distributions

  • YTD Total Return 17.1%
  • 3 Yr Annualized Total Return 16.1%
  • 5 Yr Annualized Total Return 14.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.48%
DIVIDENDS
  • Dividend Yield N/A
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Columbia Seligman Communications and Information Fund
  • Fund Family Name Columbia
  • Inception Date Jun 23, 1983
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager Shekhar Pramanick

Fund Description

Under normal market conditions, the fund will invest at least 80% of its net assets (including the amount of any borrowings for investment purposes) in securities of companies operating in the communications, information and related industries. Accordingly, it invests in companies operating in the information technology and telecommunications sectors as well as those in the media industry. The fund may invest up to 25% of its net assets in foreign investments. It is non-diversified.

SLMCX - Performance

Return Ranking - Trailing

Period SLMCX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 17.1% -19.3% 31.9% 20.12% 1
1 Yr 12.1% -24.4% 44.6% 23.17% 2
3 Yr 18.4% * -23.7% 24.9% 11.18% 1
5 Yr 15.4% * 6.4% 20.9% 26.17% 2
10 Yr 10.2% * 3.3% 12.9% 10.07% 1

* Annualized


Return Ranking - Calendar

Period SLMCX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -1.4% -17.6% 11.6% 48.73% 3
2014 11.6% -15.4% 36.9% 21.15% 2
2013 21.3% 0.0% 51.0% 83.22% 5
2012 0.9% -1.4% 25.6% 89.71% 5
2011 -8.7% -21.5% 2.8% 42.54% 3

Total Return Ranking - Trailing

Period SLMCX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 17.1% -19.3% 31.9% 20.12% 1
1 Yr 5.7% -24.4% 72.6% 52.44% 3
3 Yr 16.1% * -23.7% 24.9% 17.11% 1
5 Yr 14.1% * 6.1% 20.9% 50.34% 3
10 Yr 9.6% * 3.3% 12.9% 28.86% 2

* Annualized


Total Return Ranking - Calendar

Period SLMCX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 10.3% -14.4% 124.7% 22.15% 2
2014 34.9% -17.6% 52.0% 7.69% 1
2013 35.0% 0.0% 105.8% 71.33% 4
2012 12.6% -0.7% 109.2% 64.71% 4
2011 -8.2% -30.1% 5.1% 29.10% 2

NAV & Total Return History

SLMCX - Holdings

Filings data as of: Oct 31, 2016

Concentration Analysis

SLMCX Category Low Category High SLMCX % Rank Quintile
Net Assets 4.33 B 250 K 10.5 B 1.21% 1
Number of Holdings 61 23 375 15.76% 3
Net Assets in Top 10 1.97 B 373 K 5.78 B 1.82% 1
Weighting of Top 10 46.7% 23.4% 74.0% 13.94% 2

Top 10 Holdings

  1. Synopsys Inc 3.90%
  2. Lam Research Corp 8.37%
  3. Teradyne Inc 4.19%
  4. Apple Inc 5.47%
  5. Broadcom Ltd 7.12%
  6. Visa Inc Class A 3.37%
  7. Qorvo Inc 4.72%
  8. Alphabet Inc C 3.40%
  9. Maxim Integrated Products Inc 3.13%
  10. Alphabet Inc A 2.99%

Asset Allocation

Weighting Category Low Category High SLMCX % Rank Quintile
Stocks
99.52% 58.64% 100.25% 5.45% 2
Cash
0.48% -1.34% 41.36% 26.67% 4
Other
0.00% -0.53% 4.03% 10.91% 2
Convertible Bonds
0.00% 0.00% 1.12% 1.21% 1
Preferred Stocks
0.00% 0.00% 2.63% 4.85% 2
Bonds
0.00% 0.00% 0.62% 3.03% 1

Stock Sector Breakdown

Weighting Category Low Category High SLMCX % Rank Quintile
Technology
91.37% 4.88% 99.64% 4.24% 1
Financial Services
3.58% 0.00% 37.24% 18.79% 3
Consumer Cyclical
3.14% 0.00% 32.22% 23.64% 4
Industrials
1.33% 0.00% 31.95% 26.67% 4
Communication Services
0.10% 0.00% 83.31% 20.61% 3
Utilities
0.00% 0.00% 1.10% 1.82% 1
Energy
0.00% 0.00% 2.47% 1.21% 1
Healthcare
0.00% 0.00% 36.77% 14.55% 3
Consumer Defense
0.00% 0.00% 6.50% 6.67% 2
Real Estate
0.00% 0.00% 4.19% 11.52% 3
Basic Materials
0.00% 0.00% 1.59% 4.85% 1

Stock Geographic Breakdown

Weighting Category Low Category High SLMCX % Rank Quintile
US
96.90% 0.88% 99.14% 3.64% 1
Non US
2.62% 0.00% 92.01% 31.52% 5

SLMCX - Expenses

Operational Fees

SLMCX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.35% 0.10% 48.18% 39.39% 3
Management Fee 0.90% 0.08% 1.50% 6.06% 4
12b-1 Fee 0.25% 0.00% 1.00% 5.22% 2
Administrative Fee 0.06% 0.00% 0.50% 13.73% 2

Sales Fees

SLMCX Fees (% of AUM) Category Low Category High SLMCX Rank Quintile
Front Load 5.75% 3.50% 5.75% 3.33% 3
Deferred Load N/A 1.00% 5.00% N/A N/A

Trading Fees

SLMCX Fees (% of AUM) Category Low Category High SLMCX Rank Quintile
Max Redemption Fee N/A 0.75% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

SLMCX Fees (% of AUM) Category Low Category High SLMCX Rank Quintile
Turnover 48.00% 4.00% 769.00% 17.58% 3

SLMCX - Distributions

Dividend Yield Analysis

SLMCX Category Low Category High SLMCX % Rank Quintile
Dividend Yield N/A 0.00% 2.54% N/A N/A

Dividend Distribution Analysis

SLMCX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

SLMCX Category Low Category High SLMCX % Rank Quintile
Net Income Ratio -0.48% -3.60% 1.67% 32.73% 3

Capital Gain Distribution Analysis

SLMCX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

SLMCX - Managers

Shekhar Pramanick

Manager

Start Date

Jun 04, 2013

Tenure

3.49

Tenure Rank

12.8%

Mr. Pramanick joined the Columbia in 2012. Prior to joining Columbia, Mr. Pramanick was a principal at Elemental Capital Partners focusing on global semiconductor devices, memory, capital equipment and disk drives. Prior to that, he was a semiconductor analyst at Seasons Capital Management. Mr. Pramanick began his investment career in 1993 and earned a B.S. from the National Institute of Technology, an M.S. from the University of Oregon and a Ph.D. from North Carolina State University.


Sanjay Devgan

Manager

Start Date

Jun 04, 2013

Tenure

3.49

Tenure Rank

12.8%

Mr. Devgan joined Columbia in 2012. Prior to joining Columbia, Mr. Devgan was a Vice President at Morgan Stanley providing equity research on the semiconductor industry. Prior to his work at Morgan Stanley, he was a Senior Financial Business Analyst at Cisco Systems covering operations finance, and worldwide sales finance. Mr. Devgan began his investment career in 1995 and earned a B.S. from University of California and an M.B.A. from Santa Clara University.


Paul H. Wick

Lead Manager

Start Date

Jan 01, 1990

Tenure

26.93

Tenure Rank

0.2%

Mr. Wick joined the Columbia Management Investment Advisers, LLC in November 2008 when it acquired J. & W. Seligman & Co. Incorporated (Seligman), where he was a Managing Director. Mr. Wick is Team Leader and Portfolio Manager for Technology. Wick is a director and managing director of Seligman and Director of Seligman Advisors, Inc. and Seligman Services, Inc. He has been vice president and portfolio manager of Seligman Communications and Information Fund, Inc. since January 1990 and December 1989, respectively. He joined Seligman in August 1987 as an associate, investment Research, he was named managing director in January 1995 and was elected a director of Seligman in November 1997.


Jeetil Patel

Manager

Start Date

Jul 13, 2015

Tenure

1.39

Tenure Rank

17.0%

Mr. Patel joined Columbia Mangmt Investment Advisers, LLC in 2012. Prior to joining Columbia as a Portfolio Analyst, Mr. Patel was a managing director and senior internet analyst for Deutsche Bank Securities. Mr. Patel began his investment career in 1998 and earned a B.A. from University of California, Los Angeles.


Christopher Boova

Manager

Start Date

Feb 19, 2016

Tenure

0.78

Tenure Rank

19.0%

Mr. Boova joined one of the Columbia Management legacy firms or acquired business lines in 2000. Mr. Boova began his investment career in 1995 and earned two B.S. degrees from Worcester Polytechnic Institute, an M.A. from Georgetown University and an M.B.A. from the Wharton School at the University of Pennsylvania.


Tenure Analysis

Category Low

0.2

Category High

26.9

Category Average

7.29

Category Mode

1.9